Category: crypto

Fidelity and Canary are progressing towards launching altcoin-focused ETFs in the US, with the DTCC adding their products to its platform. This does not mean regulatory approval, but signals preparation for a potential market debut. The SEC has postponed rulings on altcoin ETF filings, with decisions expected in October.

CryptoQuant’s weekly report highlights Ethereum’s uptrend from $1,400 to $5,000, driven by fund allocations and whale accumulation. Ethereum trades below $5,200 with record fund holdings and on-chain use. Staking has increased to 36.2 million ETH. On-chain activity, including DeFi and smart-contract calls, has peaked. Exchange deposits have decreased, easing spot market pressure. The report focuses…

An unidentified crypto investor lost over $3 million in a phishing attack by authorizing a malicious contract. The attacker swapped stablecoins for Ethereum and used Tornado Cash to obscure the stolen funds. The breach originated from a compromised multi-signature wallet, with the attacker mimicking the intended recipient’s address. Exploits like this highlight the need for…

US-listed Bitcoin ETFs have seen a sharp increase in inflows this month, attracting nearly $2 billion after a tough August. Data shows 12 ETF products received inflows in September, contrasting with outflows in August. This trend suggests a shift in sentiment from Ethereum to Bitcoin, with ETFs playing a significant role in Bitcoin’s price trajectory.

World Liberty Financial’s community is overwhelmingly supporting a new governance measure to strengthen the value of its native token, WLFI. The proposal aims to use fees collected from protocol-owned liquidity to repurchase and destroy tokens. The vote has received more than 99% support, mostly from whale holders, but the market has not responded positively.

Bitcoin network difficulty reached a new high of 136.04 trillion, while dollar hashprice dropped to around $52 per petahash per day. Miners are facing tough decisions such as selling inventories, consolidating operations, or focusing on high-performance computing tied to artificial intelligence. Strategic moves like acquisitions and forward hedging are becoming common in the industry.

Bitplanet, South Korea’s first institutional Bitcoin treasury company, has acquired SGA Co. Ltd. for $50 million. This marks a 62% takeover by an international investor consortium, including Sora Ventures and Parafi Capital. Bitplanet aims to become one of the world’s top 10 Bitcoin holders, with plans to increase institutional access to the asset in South…

Bitcoin (BTC) needs to maintain the $114,000 level to regain investor confidence and attract new liquidity. The current trading range of $110,000-$116,000 threatens to stall the rally, with different investor cohorts shaping price action. Institutional demand has slowed, making derivatives markets more important for price formation. Reclaiming $114,000 is crucial for profitability and attracting institutional…

Kraken introduces Kraken Perps, a new perpetual-contracts feature for retail investors to speculate on crypto price movements without owning the asset. The exchange also expands its tokenized equities product, xStocks, giving access to over 60 tokenized U.S. equities and ETFs. Both features offer advanced trading tools with built-in protections.

BlackRock is exploring tokenizing ETF shares tied to real-world assets, following the success of its BUIDL tokenized money-market fund. CEO Larry Fink believes all financial assets can be tokenized. This move would enable trading beyond traditional hours, improve international access, and create new collateral opportunities. Regulatory challenges exist in reconciling ETF settlement with blockchain trading…